Taiwan Semiconductor Manufacturing Company has approved investments of up to $1 billion in Anthropic and OpenAI, deepening its ties with two of the biggest buyers of AI computing power. The move came as Anthropic set out terms for a stock market listing that could value it at about $1.3 trillion and US investors sold shares in several AI infrastructure companies.
TSMC sales rise nearly 60%
The Taiwanese chipmaker reported October revenue of NT$586.89 billion, up 59.7% from a year earlier and 14.7% from September. Revenue for the first ten months of 2026 rose 43.3% year on year. TSMC manufactures chips for Nvidia and other designers whose processors are used to train and run AI models.
Its board approved up to $500 million to buy Anthropic shares at the initial public offering price and a further $500 million for preferred shares in OpenAI. The investments would give TSMC a financial stake in two developers whose demand for computing capacity helps drive orders across the chip supply chain.
Anthropic sets out listing terms
The developer of Claude outlined plans to offer about 825 million shares at $70 to $78 each, including shares sold by existing investors. At the midpoint, the offering would be worth about $61 billion. The final pricing will show how much public-market investors are willing to pay for a leading AI developer after weeks of volatility in technology shares.
AI infrastructure shares slide
On Tuesday, Reuters reported that shares in cloud computing providers Iren, Nebius and CoreWeave fell about 10%, 7% and 3%, respectively, amid concerns about their ability to raise capital. Stronger-than-expected US inflation added to the pressure by raising expectations of further interest rate increases. Higher borrowing costs matter for companies that need to pay for chips, power and data centres before those facilities generate revenue.
Nvidia is due to report quarterly earnings on 17 November. Its data centre sales will offer another measure of demand for AI chips, while Anthropic’s listing will test investors’ appetite for the businesses spending heavily on that computing power.
NewsHub Finance | Artificial Intelligence | 11 November 2026
Taiwan Semiconductor Manufacturing Company has approved investments of up to $1 billion in Anthropic and OpenAI, deepening its ties with two of the biggest buyers of AI computing power. The move came as Anthropic set out terms for a stock market listing that could value it at about $1.3 trillion and US investors sold shares in several AI infrastructure companies.
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